Mental health inequities projected to cost $14 trillion by 2040, study finds

A study estimates unaddressed mental health inequities could cost the U.S. $14 trillion by 2040, creating a significant economic burden. The research from Meharry Medical College and the Deloitte Health Equity Institute is the first to study the current and projected economic burden of mental health inequities, as well as to highlight the link between brain health and chronic conditions. The authors say American lifespans could expand by 20 years on average and the U.S. could see a drop in spending by 2040 if the U.S. more fully embraced wellness and prevention, invested in health care innovation, empowered people and advanced equity. They call on corporations to “solve unjust issues affecting the workforce and enable all workers to seek and access treatment.” (The Hill article, 7/25/24)